sell to open 10 April 2012 $30 puts @ $0.95
earnings announcement: 2/29 a.m.
Market Maker expected move: plus or minus $6.02
probability of expiring ITM: 20%
buy to close @ $0.30
net gain after fees: $615 (2.05% return in 3 weeks!)
Initial investment amount: ZERO!!!
This options trader teaches at Lilia's Investing Academy (Albany, CA).
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